IRS Tax Representation by Affordable South Florida Tax Professionals
1% of all tax returns are audited, you won the IRS lottery. Do not be bullied by the IRS.
We are one South Florida’s most experienced, trusted and affordable professional tax firm specializing in IRS and State Tax Audits since 1982 right here in South Florida. We are a tax specialty firm.
We are a local South Florida tax firm that has been representing taxpayers in South Florida since 1982 for all IRS tax matters and IRS Audit defense.
We have over 60 years with the local IRS.
Our Professional Tax Staff
On staff are Former IRS Auditors, Audit Managers and Audit Instructors with a combined 60 years IRS work experience in the local South Florida IRS offices. While at the IRS we taught tax law.
We have worked as IRS auditors, IRS revenue agents, IRS appellate agents and IRS audit instructors all in the local South Florida IRS offices.
We know the tax audit systems
If you are going through an IRS tax audit there is no better tax representation than you can get the people who actually know the systems, the protocols in the settlement formulas.
We have worked hundreds upon hundreds of IRS tax audit cases including IRS audit defense, IRS audits of individual , business and corporate tax returns. We have done it all.
We are A+ rated by the Better Business Bureau.
Facts of Internal Revenue Service Tax Audits
The Internal Revenue Service audits 1.03% of all tax returns filed.
Playing the IRS lottery game, not a good idea.
I would not recommend you play the IRS lottery game because of your tax return falls out of the national standards you have an excellent chance of being audited by the Internal Revenue Service.
Nationwide, the IRS audits 1.5 million tax returns per year, that includes both field audits and IRS mail correspondence audits.
IRS Tax Audit Facts
1. 359,000 are actually audited by local IRS agents and rest are by mail or correspondence tax audits.
2. IRS collects $10.2 billion a year as a result of IRS audits by field agents and $5.2 billion a year by document matching programs.
3. IRS collects over $5 billion from the matching program alone.This program matches up W-2s and 1099′s.
Most Frequently Asked Questions by taxpayers
How far back can the IRS go to audit my return?
The IRS can include returns filed within the last three years in an audit.
Additional tax years can be added if a substantial error is identified.
If a substantial error is identified, the IRS will not go back more than the last six years. However , Tax Fraud however has no statute .
The IRS tries to audit tax returns as soon as possible after they are filed but because of back logs may audits start two years late.
How many audits are determined by the IRS budget.Each year Congress sets a budget and IRS must stay within their budget for tax audits as well as all other other programs
Question
Statute of Limitations on IRS Tax Audits?
If an audit is for an older year, you may be requested to extend the statute of limitations for assessment of your tax return.
The statute of limitations limits the time allowed to assess additional tax. If you do not sign the statute of limitations waiver IRS simply can set up a tax deficiency against any taxpayer Corporation.
The statute of limitations is generally three years after a return is due or was filed, whichever is later.
IRS Refund Statutes – There is also a statute of limitations for making refunds.
If the audit is not resolved and the statute of limitations date is nearing, you may be asked to extend the statute of limitations date.
This will allow you additional time to provide further documentation to support your position, request an appeal if you do not agree with the audit results, or to claim a tax refund or credit.
It also allows the IRS time to complete the audit and provides time to process the audit results.
You do not have to agree to extend the statute of limitations date.
However, if you do not agree, the examiner will be forced to make a determination based upon the information they currently have.
Therefore, the examiner may not be able to consider additional adjustments, such as expenses, that could lower the amount of tax due.
The IRS Tax Audit Selection Process, oh my.
Selecting a return for audit does not always suggest that an error has been made.
Question, why was my return selected?
Returns are selected using a variety of methods including:
- Random selection and computer screening , sometimes returns are selected based solely on a statistical formula.
- Document matching, when payor records, such as Forms W-2 or Form 1099, don’t match the information reported.
- Related examinations, returns may be selected for audit when they involve issues or transactions with other taxpayers, such as business partners or investors, whose returns were selected for audit.
- Sometimes tax returns are audited because spouses and ex-employees report findings to the Internal Revenue Service.
What records will I need to bring?
You will be provided with a written request from the IRS tax auditor for specific documents needed.They never will be sent by emails always snail mail..
Tax Records
Those records generally should be kept for three years from the date the tax return was filed.
The IRS does accept some electronic records. If records are kept electronically, the IRS may request those in lieu of or in addition to other types of records.
Contact your auditor to determine what can be accepted to ensure a software program is compatible with the IRS’s.
You do have IRS Appeal Rights
The IRS has an administrative appeals process that works with taxpayers to try to settle tax disputes in an effort to avoid formal court hearings.
You should always have a tax professional represent you during your appellate hearing. Here at fresh start tax we have former IRS appellate agents.
The role of Appeals is to make an independent review of a tax dispute and to consider the positions taken by both the taxpayer and the Service.
The IRS Appeals unit strives to resolve tax disputes in a fair way and remain impartial to both parties.
The IRS will send you a report and/or letter that will explain the proposed adjustments or proposed or taken collection action.
The letter also tells you of your right to request a conference with an Appeals or Settlement Officer, as well as how to make your request for a conference. In addition to examination adjustments, many other things can be appealed such as penalties, interest, trust fund recovery penalties, offers in compromise, liens, and levies.
If you request an Appeals conference, be prepared with records and documentation to support your position.
IRS Appeals conferences are informal meetings.
You may represent yourself or have an attorney, accountant, or an individual enrolled to practice before the IRS, represent you.
If you do not reach agreement with the Appeals or Settlement Officer, or you do not wish to appeal within the IRS, you may appeal certain actions through the courts.
After working for the Internal Revenue Service for a number years unless your tax return is squeaky clean would not recommend anyone represent themselves during an IRS tax audit. A good tax professionals firm will easily save you the money you spent for tax representation for IRS audit defense, IRS tax audit representation and any IRS help in general.
IRS Audit Defense, IRS Audit Representation = Tax Return Audits – Parkland, Plantation, Cooper City, Coconut Creek
